
Fed lifts remaining order limits on coins
Federal Reserve Banks will return to regular coin distribution for all coin denominations starting July 17, the agency announced.
Federal Reserve Banks will return to regular coin distribution for all coin denominations starting July 17, the agency announced.
The U.S. Coin Task Force is asking financial institutions and the public to take steps to help alleviate the coin shortage that began during the pandemic.
The Federal Reserve has raised the allocation limits for nickels, dimes and quarters, allowing depository institutions to order more coins from Fed banks, starting Feb. 27.
The U.S. Coin Task Force has designated October the month to #GetCoinMoving to highlight coin circulation problems that began during the pandemic and are still ongoing